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Who’s Afraid of the National Debt?

The United States isn’t fighting a war or a recession. So, why is national debt skyrocketing? The lingering economic impact of the COVID-19 pandemic combined with increased congressional spending have pushed the national debt to levels not seen since World War II. Efforts to solve the crisis have only resulted in pointed fingers, and neither Republican candidate Donald Trump nor Democratic nominee Kamala Harris have offered a clear solution on the campaign trail. Economists worry that the growing debt could limit other spending priorities and, at worst, restrict Washington’s ability to borrow should another crisis occur. This episode was originally released by Why It Matters on October 2, 2024. Find us Who’s Afraid of the National Debt? - https://www.cfr.org/podcasts/wim/whos... Why It Matters - https://www.cfr.org/podcasts/why-it-m... Apple Podcasts - https://apple.co/39tmKmi Spotify - https://spoti.fi/3ACtkTq Google Podcasts - https://bit.ly/2W5Ef94 Host Gabrielle Sierra Podcast Host and Director of Podcasting Episode Guests Maya MacGuineas President of the Committee for a Responsible Federal Budget Roger W. Ferguson Jr. Steven A. Tananbaum Distinguished Fellow for International Economics, CFR Related Episodes The Dollar Privilege - https://www.cfr.org/podcasts/dollar-p... What in the World Is a Global Minimum Tax - https://www.cfr.org/podcasts/what-in-... Subscribe to our channel:    / playlist   The Council on Foreign Relations (CFR) is an independent, nonpartisan membership organization, think tank, and publisher. Visit the CFR website: http://www.cfr.org Follow CFR on Twitter:   / cfr_org   Follow CFR on Facebook:   / councilonfor.  .